EDUCATION, POVERTY AND THE TRAP OF POOR COUNTRIES IN THE FACE OF DEVELOPMENT
Keywords:Cumulative Circular Causation, Development, Literacy, Poverty trap
This article aims to identify the level of incidence of social and economic variables on education, considering the existence of a cumulative circular causation, in order to point out public policy recommendations to improve people's well-being and thus increase Indicators of development, especially in educational matters. An econometric analysis integrates available information from 128 countries between the period 2010-2015. The results show different effects on the level of incidence of social and economic variables between rich and poor countries.
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